Nu Skin Enterprises, Inc. (NYSE:NUS) Plans Quarterly Dividend of $0.06

Nu Skin Enterprises, Inc. (NYSE:NUS) declared a quarterly dividend on Thursday, November 5th. Investors of record on Friday, November 27th will be paid a dividend of $0.06 per share on Wednesday, December 9th. This represents a $0.24 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, November 27th.

Nu Skin Enterprises has decreased its dividend payment by an average of 0.3% per year over the last three years. Nu Skin Enterprises has a dividend payout ratio of 32.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Nu Skin Enterprises to earn $1.16 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 20.7%.

Nu Skin Enterprises Stock Performance

Shares of Nu Skin Enterprises stock opened at $4.53 on Friday. The company has a 50 day moving average price of $4.77 and a 200 day moving average price of $6.30. The firm has a market capitalization of $220.26 million, a P/E ratio of -1.01 and a beta of 0.92. The company has a quick ratio of 1.24, a current ratio of 1.98 and a debt-to-equity ratio of 0.36. Nu Skin Enterprises has a 52 week low of $4.45 and a 52 week high of $11.67.

Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Friday, November 6th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.11). The company had revenue of $311.01 million for the quarter, compared to analysts’ expectations of $328.70 million. Nu Skin Enterprises had a positive return on equity of 6.58% and a negative net margin of 15.73%. Sell-side analysts expect that Nu Skin Enterprises will post 0.82 EPS for the current year.

Analyst Upgrades and Downgrades

NUS has been the subject of several research reports. Weiss Ratings downgraded shares of Nu Skin Enterprises from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Zacks Research raised shares of Nu Skin Enterprises from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc is a global direct-selling company that develops and distributes personal care and wellness products. Its portfolio includes skincare, beauty and personal care products, nutritional supplements, and wellness-related devices and technologies. The company markets products under brands including Nu Skin and Pharmanex, with its ageLOC product line focused on skincare and age-related wellness.

Founded in 1984 and headquartered in Provo, Utah, Nu Skin sells its products primarily through a network of independent distributors, supported by digital commerce and other direct-to-consumer channels.